Can I retire at age 45 with 9,600,000?

Use the below retirement simulation to view the chances of a successful retirement.
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $9,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$792,759$785,698$778,808$772,084$765,517$741,013
2 years$392,455$385,146$378,062$371,194$364,532$340,070
3 years$259,038$251,697$244,631$237,828$231,274$207,622
4 years$192,342$185,024$178,029$171,341$164,947$142,286
5 years$152,335$145,061$138,158$131,607$125,390$103,782
6 years$125,673$118,453$111,652$105,247$99,217$78,679
7 years$106,636$99,477$92,783$86,529$80,690$61,220
8 years$92,364$85,270$78,688$72,587$66,940$48,525
9 years$81,270$74,243$67,774$61,828$56,373$38,992
10 years$72,400$65,441$59,087$53,297$48,033$31,659
11 years$65,147$58,259$52,019$46,384$41,310$25,914
12 years$59,108$52,290$46,165$40,685$35,798$21,346
13 years$54,001$47,255$41,246$35,919$31,217$17,673
14 years$49,628$42,953$37,060$31,885$27,364$14,693
15 years$45,842$39,239$33,460$28,435$24,094$12,256
16 years$42,532$36,001$30,336$25,461$21,294$10,252
17 years$39,614$33,155$27,605$22,876$18,881$8,594
18 years$37,024$30,637$25,200$20,616$16,788$7,218
19 years$34,708$28,394$23,069$18,629$14,963$6,072
20 years$32,627$26,385$21,172$16,872$13,366$5,115
21 years$30,747$24,577$19,474$15,312$11,961$4,313
22 years$29,040$22,941$17,948$13,922$10,721$3,640
23 years$27,483$21,457$16,572$12,679$9,624$3,075
24 years$26,059$20,104$15,326$11,564$8,650$2,599
25 years$24,750$18,866$14,195$10,561$7,784$2,198
26 years$23,544$17,731$13,165$9,657$7,011$1,859
27 years$22,430$16,687$12,225$8,839$6,321$1,574
28 years$21,396$15,724$11,365$8,098$5,704$1,332
29 years$20,436$14,834$10,576$7,426$5,150$1,128
30 years$19,541$14,009$9,851$6,816$4,654$956
31 years$18,706$13,243$9,184$6,260$4,207$810
32 years$17,925$12,531$8,569$5,753$3,806$686
33 years$17,192$11,867$8,001$5,290$3,444$582
34 years$16,504$11,247$7,475$4,867$3,118$493
35 years$15,857$10,668$6,989$4,481$2,825$418
36 years$15,247$10,125$6,538$4,127$2,559$354
37 years$14,671$9,617$6,119$3,802$2,319$300
38 years$14,127$9,139$5,731$3,504$2,103$255
39 years$13,613$8,690$5,369$3,231$1,907$216
40 years$13,125$8,268$5,032$2,980$1,730$183
41 years$12,662$7,871$4,719$2,750$1,569$155
42 years$12,222$7,496$4,426$2,538$1,424$132
43 years$11,804$7,142$4,153$2,343$1,292$112
44 years$11,406$6,808$3,899$2,163$1,173$95
45 years$11,027$6,492$3,661$1,998$1,065$80
46 years$10,665$6,193$3,438$1,845$967$68
47 years$10,320$5,910$3,230$1,705$878$58
48 years$9,990$5,642$3,036$1,575$797$49
49 years$9,675$5,388$2,853$1,456$724$42
50 years$9,373$5,146$2,682$1,346$658$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $9,600,000, adding $4,107 every year, while hoping to spend $27,106 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 48/24/28 Blend
44$9,600,000$9,600,000$9,600,000$9,600,000
45$10,583,436$10,074,636$9,925,836$11,006,647
46$11,634,106$10,539,453$10,229,511$11,769,627
47$12,791,036$11,026,137$10,542,451$12,594,747
48$14,065,036$11,535,732$10,864,937$13,490,324
49$15,468,017$12,069,330$11,197,259$14,463,018
50$17,013,104$12,628,077$11,539,718$15,520,149
51$18,714,763$13,213,175$11,892,620$16,669,757
52$20,588,929$13,825,881$12,256,284$17,920,682
53$22,653,167$14,467,516$12,631,036$19,282,642
54$24,926,828$15,139,462$13,017,213$20,766,318
55$27,431,237$15,843,169$13,415,163$22,383,456
56$30,189,896$16,580,157$13,825,244$24,146,974
57$33,228,699$17,352,018$14,247,823$26,071,076
58$36,576,182$18,160,423$14,683,281$28,171,387
59$40,263,791$19,007,121$15,132,009$30,465,094
60$44,326,176$19,893,948$15,594,409$32,971,105
61$48,801,521$20,822,828$16,070,898$35,710,223
62$53,731,906$21,795,775$16,561,902$38,705,337
63$59,163,697$22,814,905$17,067,863$41,981,633
64$65,147,992$23,882,433$17,589,234$45,566,829
65$71,741,097$25,000,683$18,126,483$49,491,429
66$79,005,061$26,172,088$18,680,093$53,789,007
67$87,008,260$27,399,204$19,250,559$58,496,517
68$95,826,044$28,684,705$19,838,393$63,654,640
69$105,541,443$30,031,399$20,444,123$69,308,153
70$116,245,960$31,442,227$21,068,290$75,506,356
71$128,040,425$32,920,273$21,711,455$82,303,522
72$141,035,952$34,468,771$22,374,193$89,759,407
73$155,354,989$36,091,110$23,057,098$97,939,806
74$171,132,468$37,790,845$23,760,781$106,917,166
75$188,517,086$39,571,702$24,485,873$116,771,261
76$207,672,701$41,437,588$25,233,022$127,589,937
77$228,779,885$43,392,599$26,002,897$139,469,935
78$252,037,626$45,441,029$26,796,187$152,517,791
79$277,665,206$47,587,381$27,613,601$166,850,837
80$305,904,271$49,836,377$28,455,871$182,598,293
81$337,021,113$52,192,965$29,323,749$199,902,481
82$371,309,183$54,662,337$30,218,010$218,920,158
83$409,091,861$57,249,933$31,139,455$239,823,978
84$450,725,510$59,961,459$32,088,906$262,804,120
85$496,602,839$62,802,898$33,067,212$288,070,062
86$547,156,611$65,780,522$34,075,246$315,852,550
87$602,863,726$68,900,908$35,113,907$346,405,762
88$664,249,727$72,170,954$36,184,124$380,009,694
89$731,893,758$75,597,889$37,286,851$416,972,788
90$806,434,033$79,189,297$38,423,072$457,634,826
91$888,573,860$82,953,128$39,593,800$502,370,125
92$979,088,281$86,897,719$40,800,080$551,591,054
93$1,078,831,389$91,031,811$42,042,987$605,751,905
94$1,188,744,392$95,364,571$43,323,628$665,353,168
95$1,309,864,495$99,905,610$44,643,145$730,946,234
96$1,443,334,697$104,665,008$46,002,713$803,138,581
97$1,590,414,576$109,653,333$47,403,544$882,599,487
98$1,752,492,184$114,881,668$48,846,884$970,066,328
99$1,931,097,151$120,361,634$50,334,019$1,066,351,514
100$2,127,915,123$126,105,417$51,866,271$1,172,350,136